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Developer embarks on huge Abu Dhabi affordable housing project
Abu Dhabi-based developer Aldar started work on the first phase of its new Al Falah residential housing project this week. “Approximately 20% of the 4,857 villas are scheduled to be delivered to the Abu Dhabi Urban Planning Council in the first quarter of 2012, with the remainder to be delivered by the end of the year,” the company has told OPP.
Trouvay & Cauvin ink deals for Abu Dhabi projects
Trouvay and Cauvin Group, the Dubai headquartered pipe and valve specialist company, has announced that it has been appointed to supply products and services for two major Abu Dhabi based projects.
Final places available on Aldar’s Leadership Excellence Applied Diploma
Final applications are now being accepted for the new intake of Aldar’s Leadership Excellence Applied Diploma (LEAD) which will begin classes on 25 May 2011. The LEAD programme is delivered by Cambridge University’s Judge Business School, one of the world’s leading business schools
Aldar Properties back into black
Aldar Properties PJSC, Abu Dhabi biggest real-estate developer by market value, reported a profit after five quarterly losses, as it delivered more completed homes to buyers. First-quarter net income was Dh189.1 million ($51.5 million)
Aldar Properties shines as investors await good news
Aldar properties made its biggest gain in more than two weeks yesterday, snapping a six-day streak of trading losses as investors speculated about a positive surprise from first-quarter results. Shares in Abu Dhabi’s largest publicly traded developer closed 2 per cent higher at Dh1.55 on the Abu Dhabi Securities Exchange,
Abu Dhabi Systems and Information Centre holds ‘Services Factbook (SFB) – e-Service Governance Framework’ workshop
Abu Dhabi Systems and Information Centre (ADSIC) held a workshop entitled ‘Services Factbook (SFB) – e-Service Governance Framework’, recently, at Al Raha Beach Hotel. 75 IT managers and professionals attended this workshop, representing more than 24 of Abu Dhabi Government entities.
Broadway Malyan projects win two Cityscape awards
By Oliver Ephgrave www.constructionweekonline.com International architecture, urbanism and design practice Broadway Malyan has played key roles on two projects that secured awards at last week’s Cityscape Abu Dhabi. The company was responsible for the Al Bandar waterside development in Abu Dhabi, and was also concept masterplanner on Yas Island, which were named Best Residential Project [...]
Petrochems lift Saudi index to 3-month high
Saudi Arabia’s index TASI hit a three-month high, led by petrochemical stocks, with the market buoyed by higher oil prices in the absence of a local catalyst. “Petrochemicals are currently the most favored by investors with heightened oil prices keeping the sector over a solid floor despite some stock specific profit taking activity,” said Amro Halwani, a senior trader at Shuaa Capital in Riyadh.
